Report predicts silicon photonics market will grow 105% by 2014

Aug. 13, 2009
Silicon photonics provide 90% of the efficiency of conventional electronics at one-tenth of the cost, according to Bharat Book Bureau (3B; Mumbai, India). Plus, they require one-third the power consumption, and no additional manufacturing technology is needed to produce them. A new report from 3B, Silicon Photonics (2009 - 2014), expects the global market to grow at a CAGR of 105.3% between 2009 to 2014, from a 2008 base of $23.21 million.

Silicon photonics provide 90% of the efficiency of conventional electronics at one-tenth of the cost, according to Bharat Book Bureau (3B; Mumbai, India). Plus, they require one-third the power consumption, and no additional manufacturing technology is needed to produce them. "This makes [silicon photonics] attractive for customers and lucrative for manufacturers," 3B noted in an announcement of its new report covering the worldwide market, called Silicon Photonics (2009 - 2014).

The report says that while technological advancements and a wide range of application areas are driving the demand for silicon photonics, other factors--including high R&D cost, integration and packaging issues, and limited commercialization--are restraining growth. Still, 3B expects the market to grow at a CAGR of 105.3% from 2009 to 2014 thanks to new products and applications. In 2008, it says, the global silicon photonics market weighed in at $23.21 million. The report predicts plenty of new opportunities.

The report segments the market as follows:

Silicon photonics products: Silicon waveguides, silicon modulators, silicon interconnects, wavelength division multiplexer filters, silicon LED and silicon photo detector.

Silicon photonic devices: Silicon optical transceivers, silicon optical switches, silicon optical ICs, silicon photovoltaic cells, silicon photovoltaic cells and emerging products such as silicon lasers and silicon photonic amplifiers.

Silicon photonics applications: Telecommunication and data transfer, information processing, sensing, metrology, displays, consumer electronics, others.

Silicon photonics technology: Silicon submount technology, passive waveguide technology, passive optical alignment.

Find more information on the Bharat Book Bureau site.

About the Author

Barbara Gefvert | Editor-in-Chief, BioOptics World (2008-2020)

Barbara G. Gefvert has been a science and technology editor and writer since 1987, and served as editor in chief on multiple publications, including Sensors magazine for nearly a decade.

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